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PRESS RELEASE - SEBI

 May 21, 2009
PR No. 166/2009

Consent Order in the matter of India Carbon Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham has passed a consent order dated May 18, 2009 on the consent application submitted by M/s. India Carbon Limited for non-compliance / delay in complying with Regulation 6(4) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997(hereinafter referred to as ´┐ŻTakeover Regulations´┐Ż) for the year 1997 and Regulation 8(3) of the Takeover Regulations for the years 1998, 2002, 2003, 2004 and 2007. 
 
The applicant without admitting or denying guilt has remitted a sum of Rs.2,25,000/-(Rupees Two Lakh and Twenty Five Thousand only) towards settlement charges, in the matter. 

 
Mumbai

May 21, 2009


For full copy of order against INDIA CARBON LTD., click here.

 
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